Arcadium Lithium plc (NYSE:ALTM - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $5.84 and last traded at $5.83, with a volume of 4731782 shares trading hands. The stock had previously closed at $5.83.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. Scotiabank downgraded shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 11th. B. Riley lowered Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 12th. Finally, Argus cut Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 12th. Ten equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $11.00.
View Our Latest Stock Analysis on Arcadium Lithium
Arcadium Lithium Stock Down 0.1 %
The stock's fifty day simple moving average is $5.52 and its two-hundred day simple moving average is $4.54. The firm has a market cap of $6.27 billion, a PE ratio of 21.57 and a beta of 1.45.
About Arcadium Lithium
(
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Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.
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